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Budget Insights: How Q1 Spending Affects Federal Contracts

USFCR

Agencies start implementing new budgets, directly influencing contracting opportunities. The federal government's fiscal year kicks off on October 1st , marking the beginning of Q1 (October to December). This period is crucial for businesses aiming to secure government contracts.

Budget 52
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Ten years later, agencies still making gains on category management

Federal News Network

As of December 2024, the Office of Management and Budget has now designated 40 separate large acquisition vehicles as best-in-class representing products and services ranging from rental cars to hearing aids to identity protection services. Governmentwide, agencies avoided $16.7 of spending was characterized as under management.

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Top Strategies for Successfully Selling to the Government

Select GCR

Economic conditions, regulatory requirements, and organizational performance metrics are key factors influencing government purchasing decisions. This approach can more effectively influence their purchasing decisions and improve your chances of securing a government contract.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes. The level of competition in the market can also influence the choice of procurement method.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Procurement as a Strategic Driver of Digital Transformation Public procurement wields immense influence over markets, technology adoption, and the direction of societal progress. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.

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Fear and loathing in Defense IT: Time to enforce FAR conflict of interest rules and revolving door abuses

Federal News Network

Unfortunately, few defense IT programs deliver on time nor on budget in spite of over half of the budget going to consultants and system engineering and technical analysis (SETA) contractors. that prohibits SETA contractors from using their insights and influence to gain an unfair advantage or worse, commit fraud.

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Creating Trust and Inclusion at Your Agency: NextGen Speakers Explain How

GovLoop

First , although many workers think they have no influence over trust in their organization, they do, Sanchez said. We aligned our outcomes back up to…organizational success and ensured that we had the fiscal budgeting to support the bottom line,” Benjamin said.